The 'Business Inventories MoM' (Month-over-Month) in the USA measures the monthly change in the total value of goods held in inventory by manufacturers, wholesalers, and retailers. It is a key indicator of supply chain dynamics and economic health, as rising inventories can indicate either strong production or weak sales. This data is important for the economy and financial markets because it helps assess the balance between supply and demand, influencing GDP calculations and potential monetary policy decisions. A significant change in business inventories can impact stock market performance, as it might signal shifts in economic activity or consumer demand.
The 'Business Inventories MoM' (Month-over-Month) in the USA measures the monthly change in the total value of goods held in inventory by manufacturers, wholesalers, and retailers. It is a key indicator of supply chain dynamics and economic health, as rising inventories can indicate either strong...